Skip to main content

About your Search

20121129
20121207
STATION
CNNW 10
MSNBCW 5
CNBC 4
FBC 3
KGO (ABC) 3
KTVU (FOX) 2
CNN 1
CSPAN 1
KNTV (NBC) 1
MSNBC 1
LANGUAGE
English 43
Search Results 0 to 42 of about 43 (some duplicates have been removed)
. second, refuse to negotiate with obama, seriously. in other words, essentially republicans have gotta walk away, it is up to obama to make a serious proposal. instead of dealing with a joke. they also need to tell secretary tax cheat geithner in the middle of this in the most direct way in proposal is dead on arrival and he can save time and energy next time by not submitting an obama plan like this to republicans. bottom line is this, it is not serious. they should have no interest, republicans in playing stupid games with the administration. third, republicans need to shine a bright light on the obama proposal to ensure the american people know how insane and ludicrous this is. fourth, republicans need to use the opportunity to pass their own agenda they need to show they are not obstructionists they themselves have a positive, forward-looking agenda they are proud of, eager to take to the country. republicans need to make the case morning, noon and night, that it is obama who seems absolutely determined, for political reasons, to take the country over the fiscal cliff. our first gu
-offer in fiscal cliff negotiations with president obama takes away a white house argument that the republicans have no plan and puts medicare on the table for discussion. the republican counter-offer would raise $800 billion through tax reform and cut $600 billion from federal health programs, including raising medicare eligibility, another $600 billion cut from mandatory and discretionary spending, and factor inflation less in calculating social security benefits. "what we're putting forth is a credible plan that deserves serious consideration by the white house." in a three-page letter to the president calling democratic gains in the senate and mr. obama's victory a "status quo election," the republican proposal would raise half the amount as the president's plan and save $350 billion from medicare and medicaid. however, at the chicago fed, a gathering of 39 individuals from banking and manufacturing industries - including automakers and other sectors - say the economy is strong enough - barely - to withstand either party's direction. "the vast majority think the fiscal cliff's impact will n
on the fiscal cliff. geithner is president obama's lead negotiator in the budget talks. he'll first meet with harry reid at 10:00 followed by john boehner, eric cantor and paul ryan. geithner will lunch with mitch mcconnell and then he'll meet with house minority leader nancy pelosi. president obama is signaling he's flexible on where tax rate shoes go if the wealthiest americans. return to clinton era tax rates would have house holds playing between 36% to nearly 40%. the president met with a group of ceos wednesday. they offered support for resolving the fiscal cliff crisis with a proposal that includes higher taxes for those who make more than a quarter million dollars a year. >> at this point both sides have acknowledged that there is going to be revenue concessions and there will be entitlement concessions. in fact if you listen to it, again, i'm not a master of the political art here, but i would say if you have these point of views in the business context as close as they are, i would say a deal would be in reach. >> interesting. bill ford jr. agrees with blankfein saying he's con
of negotiating a tax cut, and president obama gets to negotiate a tax cut with republicans, a lot more fun and easier to do than tax increases. i don't know they get more leverage in the new year with the possible exception that the fact that, you know, the debt ceiling will loom again, hitting that debt ceiling giving republicans some leverage down the road, but in the short term, you're right, the leverage goes more to president obama right now. >> i have fiscal cliff fatigue. thank you very much. >> sure. tracy: we all do, dennis, but we have to talk about it because congress has to deal with it. we have a new gallup poll showing 5 # 4% of the voters rate the honesty of members of congress below that of used car salesmen. dianne black of tennessee joins us from the home state to hear what the constituents are telling her. what are con constituents sayin? >> well, you know, i'm hearing -oth from my individual constituents and business owners they are really concerned about the spending problem in washington. that's not really talked about. there's a lot of focus on the other side, but th
tries new negotiation tack. not giving in. the headline in the baltimore business journal screams obama's fiscal cliff offer spurned by republicans. obama takes hard line on debt. which might be news to some people in the parenthetical. tony is a political correspondent and mark hannah is a former aide to the john kerry and barack obama presidential campaigns. some of the media tries to short form the story and comes up with a headline that can be barbed easily. this is suggested by a cable anchor who suggested the media has been arrogant since barack obama won in covering him and in covering in particular this fiscal cliff. tony, your thoughts. >> it could only be an msnbc anchor to take this long to figure out. there have been some media, the financial times which endorsed the president has called the president's bluff on this plan. they say this is the same proposal he put in front of congress that received zero votes a year ago, not even one democratic vote. but what the media has been doing is buying into this story line that president obama has some sort of mandate to do whatever
. >> thank you. >>> front page politics now. the man chosen by president obama to play a key role in the intense fiscal cliff negotiations is putting blame on the gop. here's timothy geithner on "meet the press." >> the only thing that stands in the way of a deal right now is if a group of republican members decide they are going to block a deal because they want to extend tax cuts. what you can expect from the and the a willingness to sit down and explore what the best way to get through this is. it's in the interest of the american people. >> that was followed by a fierce response from grover norquist, the man behind the no tax hike pledge embraced by many in the gop. >> every republican who had impure thoughts has to go back to the drawing board. they have just been told there are no real reforms in this budget. $1.6 trillion in tax increases. >> joining me is eleanor cliff and david dreker thank you for being here. so eleanor, we have timothy geithner who says there will be a deal before the end of the year but it doesn't look like anyone is willing to budge. is that your take
the way obama started here at all. i mean, there were two ways to start the negotiations. one was did you ever see into guys like haggle over something and one guy says a dollar and the other guy says 1,000. and that's where they seem to have started. he could have started at 500 and then the republicans could have said maybe 100. but he started this thing, he put his foot forward like you know what, i'm willing to play this to the bitter end. this wasn't a thing that said let's get it done quickly. he sent geithner over. he used geithner's political capital which i think was a mistake for geithner. >> he's leaving. >> but it's like using -- >> going back to goldman. >> where he started. >> where he cut his teeth. >> like using a pitcher because you don't care about his arm at the end of the season. so you threw him out there and you send him over with -- and you also let the republicans characterize the plan. which from a pr standpoint i don't think was that smart. so i think they blew that one. but ultimately it strikes knee obama did not suggest, you know whark what, i want to get it d
. but at some point, president obama will have to come into the negotiations and get involved himself. >> that meeting is not set yet. jake tapper, thanks very much. >>> george, now, to the potentially lethal carbon monoxide leak at an atlanta elementary school. >> hubie: 50 teachers and students were sent to the hospital monday. firefighters discovered the unsafe conditions. and now, parents are asking, why the school reportedly had no carbon monoxide detectors located inside. steve osunsami has the story. >> reporter: it was a shocking scene, played out on live television. >> i saw kids passing out. i saw them shivering. i saw some kids just moving around like they were dizzy. >> reporter: dozens of children at this atlanta grade school monday, falling out from high levels of carbon monoxide poisoning. needs gas masks to breathe. being wheeled out on stretchers. >> fainting, dizziness, headache and nausea were the four symptoms. >> reporter: firefighters were carrying sick children. >> there's kids laying on the floor. at least three. and the teacher are saying, this town needs help
. house minority leader nancy pelosi slammed the gop's proposals. >> that's not negotiating. that's hostage taking. >> pelosi and other democrat respect pushing for president obama's plan. it would extend the bush tax cut for the middle class but raise taxes on incomes over $250,000 a year. republican senator jim demint calls the idea quote, outlandish. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves and teating the president's proposal like it's serious. >> republican house speaker john boehner has come out against any tax hike and has refused to bring the democratic plan for a vote. >>> the dow fell almost 14 points. nasdaq lost 5 1/2. the s & p fell 2 1/2 points. >>> yahoo is buying another silicon startup. sunnyvale's yahoo acquired on the air today. the service enables users to hold online video chats in a talk show foremated. >>> a monstrous typhoon has killed 74 people in the philippines and the deattoll is expected to rise. 23 of the people drowned in flooding caused by the typhoon. the storm made landfall yest
republicans and he's really tried in these negotiations to signal to his base, we've got to be tough, put obama care on the table. that's the line he has to walk and he has to get other members of the party to essentially set expectations for people that they're going to have to give on things they don't want to. >> ryan, are we hearing any house republicans saying no way, we should not compromise? >> sure, and rand paul on the senate side who speaks for a lot of tea partiers said that today. said we shouldn't compromise. shouldn't even compromise on deductions. i thought your kremlin analogy was pitch perfect. there's a lot more going on and the last couple of years, there's been a ton of pressure from rank and file republicans on leadership saying look, we're getting killed at home over these millionaire tax cuts. why don't we just take what charles schumer offered, extend it for everybody but a million above and get this off the table and move on. leadership was able to unify their conference the last two years around no tax cuts for anybody at any time, but now that tom cole is out no
. even when he did them they weren't meant to go forever. >> obama: if congress in any way suggests that they are going to tie negotiations to debt ceiling defaults, and take us to the brink of once again, as part of budget negotiations which by the way we have never done it in our history until we did it last year, i am not going to play that game. we have to break that habit before it starts. >> in other words homey don't play that. >> stephanie: exactly. [♪ "world news tonight" theme ♪] >> stephanie: i'm incredibly relieved to see rationality spreading throughout the republican party. he believes they are signalling interest in backing down on tax cuts for the wealthy. that's what representative welch said earlier on the show. he said they are going to cave. it's just a question of when. the president and boner talking about the fiscal cliff. >> they are talking on the phone. >> stephanie: no he drunk dialed him again. at all hours. >> as long as i'm there, it is open. [♪ "world news tonight" theme ♪] >> stephanie: president obama and the boner spoke by p
with a message. get a grip and stop negotiating with president obama. good advice. they are the majority. they're not the minority. >> good plan. >> stephanie: he told republicans don't need to form a surrender caucus. he said there is no fiscal cliff. it's absolute total nonsense. he's obviously-- >> crazy. >> stephanie: the first guy you want advice from. the guy who shut the government down, do you remember? then they lost in landslides because of that guy there. okay dan in chicago. hi dan. hello dan. dan, dan, going once, how about garth in washington. hi garth. >> caller: hi, stephanie how are you today? >> stephanie: good, go ahead. >> caller: i'm a boy here in washington, and we're going over this cliff, but i think the cliff was passed a long time ago. what is wrong with the flat tax where everybody paid the same. i don't know enough about it, but nobody speaks of that. also-- >> stephanie: you're talking about the steve forbes, he's the one who brings that up every year. i know it sounds simple. a lot of times things that sound simple are not necessarily the best idea. >> it would be
44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year
. and over the weekend, there was worry negotiations may actually fail. >> i think we're going over the cliff. it's clear to me they made a political calculation. before president obama and his team are demanding that they allow bush era tax cuts for the wealthiest 2% of americans expire. >> there's no way we can govern this country with those low rates in place for future generations. those rates have to go up. >> reporter: but republicans have drawn a line in the sand in raising tax rates. instead, signaling they're open to raising revenue by limiting the tax code. it's a major sticking point. holding up a deal. >> right now, i'd say we're nowhere. >> reporter: president obama is looking for $1.6 trillion in new tax revenue over ten years. speaker boehner is offering half of that. there's $600 billion. the speaker says that's not enough. although he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, it means on january 1st, every american will pay more income tax, between 2,000 to $2,200 for the average family. $500 billion in automatic spending cuts will go
of this negotiation. >> eamon javers, thank you. >>> john harwood has the latest on mr. obama's big meeting with some of those ceos. john? >> the other way the ceos are in the middle of this is the president appeared before the business roundtable today as part of his effort to continue rounding up support from various constituencies for what he calls a balanced approach. one of the things he pressed was a priority that the head of the business roundtable, john eng r engler, has suggested which is a longer term fix to the debt ceiling problem. remember that it was a catastrophic standoff in mid 2011 that caused the downgrade in u.s. credit. president said he's simply not going to negotiate in the negotiating process that results in the same kind of stand-off. here is the president. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation? which, by the way, we have never done in our history until we did it last year. i will not play that game because we've got to break that habit bef
montgomery scott. thank you, mark. dennis: on deck we have president obama taking questions on the cliff on twitter this hour. latest on negotiations or lack thereof coming up. tracy: did you tweet your question yet? dennis: not yet. tracy: higher taxes on the wealthy prompted an exodus from france and britain. will americans follow them to other countries? looks how oil is trading as we head out to break. pretty much flat. $89.08 a barrel. we'll be right back. tracy: it is time to make money with charles payne. this hour we're taking a look at a farm cute -- pharmaceutical company in the green. points.own about three >> market is not looking good. this is called medicis company. it is not relativelily well-known. beat the street, 27%, 47%. they had a miss. stock pulled back. they have three strong products. what i'm intrigued by is the proddct pipeline. they have anti-platelet agents that was reviewed by the university of munich. tremendous review. patients on the verge of having cardiac surgery got to get all that plavix out or counteract that. if this gets approved, three products in
'd think we would have somewhere to begin negotiations. the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on youtube and twitter explaining why he thinks the rich should pay more. going over the fiscal cliff could cost america jobs. >> we're only expanding 2% right now. it needs to be considerably higher to bring more peo
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
the budget proposal from last year, a plan republicans called a nonstarter. you can expect president obama to take more trips like the one he is making today to try to move the needle on these negotiations. willie? >> kristen welker at the white house. david gregory, moderator of "meet the press." good morning. >> good morning. >> if looking for reason to be optimistic a deal will be done, yesterday was not your day. by most accounts, treasury secretary tim geithner laughed off capitol hill literally by mitch mcconnell, john boehner says the white house offer is not serious. is this a breakdown in negotiation or the first steps in what will be a month of negotiation? >> the worst thing to watch on capitol hill is the progress of the negotiations because it is going to be a lot of huffing and puffing on both sides, posturing. the white house feels the president is in a very strong position to play the high cards in terms of tax increases, that's what he wants, that's what the american people said they wanted. look at the exit poll, the president feels that confidence. on the other side, the
president obama than the one we saw during the debt ceiling negotiations or even after the midterm elections in 2010 when he felt a little weakened and there was the extension of those bush tax cuts for the wealthy. so i think when you're seeing here is a president who put this on the table, trying to please his base, okay? which got him elected after all. saying, this is my wish list, this is in a perfect world, this is what i would do. i don't think anyone at the white house expected the republicans to say, oh, thank you mr. president, yes, this looks lovely. let's go on and work on a deal. no, that's not what it was. the white house -- this is alfonse gaston a little bit here. and so they're waiting for the republican response. and what they're really talking about, brooke, is getting some kind of a first step. a down payment. ironically they all know what -- in the big picture needs to be done. they know you have to fix entitlements, do something on the tax side, but they're trying to figure out how to get from here to there. >> and let's just stop there, because let's say the white hous
's the right guy to be sitting in that room doing negotiating. >> they have tried the boehner/obama dynamic before. the lessons from that weren't universally positive. >> you have to keep at it. that's what the american people expect of everybody in washington to sit down and work together and work this thing out and not use other people to be your spokesperson and trying to work out negotiation. the president needs to be here in washington, d.c. in the conference room working out this problem. that's what he was elected to do. >> clearly he will be in pennsylvania and watching that as well. congressman, thank you for your time. >> thank you for having me. appreciate it. >> congressman jim gerlach. >>> coming up next, rick santelli is champing at the bit today so we moved up santelli exchange an hour earlier. don't miss his take on costco. >> we have an exclusive interview with goldman sachs chief u.s. equity strategist david kostin. he thinks the market will rise 12% next year. he'll give you his five best investment ideas. stay with us. if you are one of the millions of men who have used
communities. as president obama and congressional leaders continue to negotiate ways to avoid the fiscal cliff, the congressional black caucus will adhere to the following principles in considering its support of any agreement. first, we must protect our social safety net. social security should be completely off the negotiating table since it doesn't add to the deficit. additionally, the congressional black caucus will oppose any plans that changes eligibility for medicare. investments in job training, education, health care, transportation and infrastructure should not be cut to pay for the extension of any of the bush-era tax cuts. these vital government investments are critical to our nation's short-term recovery and long-term economic prosperity. the simpson-bowles commission set a goal of $4 trillion in deficit reduction over the next decade. considering that goal, $1.5 trillion in cuts have already been agreed to through the spending caps in the budget control act of 2011. nondefense discretionary spending as a percentage of g.d.p. is at a 50-year low. additional savings through militar
, and when it was contradicted by a british diplomat who said he negotiated it, she didn't back down, but insisted for the next 45 minutes that she was right. >> sean: thanks for being with us. more breaking news tonight when we come back. the obama administration's fiscal cliff is apparently hysterically bad, but senator mitch mcconnell burst into laughter upon hearing this. we'll sort through the plan. plus a lesson from president ronald reagan on why republicans should be hesitant to take the president and the democrats at their word when it comes to any deal. and why is dianne feinstein exploring of possibility of housing gitmo terrorists in a neighborhood near you? we'll examine the likelihood of this nutty proposal. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one.
along. so in that respect, doesn't this seem just a little too bold and certainly not like the obama of the last term. >> well, that's music to my ears because i think john boehner got the better of the president frankly, speaker boehner, in the last negotiations that they had in 2011, and it suggests that the president, he does, he has the wind at his back. the piece that's sticking right now should be the easiest, which is locking in 98% of the bush tax cuts. this was something mary worked hard on, people like me opposed them, democrats hated those bush tax cuts. now the president is willing to enshrine 98% of those tax cuts and the republicans can't take yes for an answer because they are not really fighting for lower taxes, they're fighting for the upper 2% of inco earners and that's a losing proposition. 70% of americans think those of us who are blessed and are upper income americans ought to pay a little bit more. >> so mary, why doesn't that make sense? shouldn't the winner come in as paul said with the wind at his back, he does have a mandate. >> he does not have a mandate.
's hospitalization. so keep it right here on abc. >>> and amid tough negotiations to avoid going over the so-called fiscal cliff. president obama meets with bipartisan groups of governors about the problem today. the meeting a day after house speaker jonathan boehner laid a republican plan to solve the crisis on the table and calls for $800 billion in higher taxes revenue and does not increase taxes on wealthy americans. the white house is rejecting the offer, saying any deal must include an end to tax cuts for families making over $250,000. >>> and the senate has approved a new u.s. commander for the war in afghanistan. he's marine corporal general joseph doneford and replaces general john al llen, nominatedo head forces in europe. allen's nomination on hold because of his involvement in the sex scandal that brought down former cia director david petraeus. >>> in foreign news, new intelligence reports, indicate syria's government may be preparing to use chemical and biological weapons against the rebels. in response though, the u.s. and its allies are considering military options. here's ab
to the issue of the day here in washington, d.c. isn't that the central issue now in the negotiations on this fiscal cliff and there's no doubt that president obama is on the side of the 98% and john boehner is on the side of the 2%. the republican party right? i think it is as clear as that. don't the american people see that? >> i think that's why the president is going around the country to put pressure on them because in the end i mean the end, the tax cuts expire and so tax rates go up and the president comes back to congress and says you know, give the tax break back to the middle class and i don't know what republicans are going to do then. they're going to continue to try to fight for the 2%. i don't know. but he's doing it right and he shouldn't see -- he shouldn't seed the ground on that issue. he shouldn't seed it. that was what the election is about. republicans are trying to say well george bush tried that with social security. george bush in '04 didn't talk about privatizing social security. he wouldn'
not happening right now and negotiations so not happening that congress -- members of congress went home last night. president obama very much on the case, went out yesterday morning to meet with members of the business roundtable and he told members of the roundtable first of all that they -- there's absolutely part of the equation has to be raising rates on the top 2% of americans. without that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of the amount of revenue that's needed for a balanced package. >> bill: just won't cut it. the president said. he also appeared yesterday morning on tom joyner's radio show. and said if you want a deal, if you want a compromise, there's only one way to get there and that's the one thing missing if republicans will agree that tax rates will not -- will not -- the tax cuts will not continue for the top 2%. he said we've got a dea
talks, direct face-to-face negotiations between the israelis and palestinians will get off the ground? >> it's possible. we've discussed this many times, wolf. most of the time we've been talking about the latest impact. but president obama has been re-elected here in the u.s. i know he feels deeply about this issue. he regards peace between israelis and palestinians as a genuine strategic interest of the united states. and we're going to have i think a fresh opportunity to go back to this issue to try and grip it and frame it in the right way and we've got to try. i always say to people, we spent decades trying and failing in northern ireland and finally we got a process that worked. there isn't an alternative except to come back and try again. and that's what we've got to do. by the way, as the region is in turmoil, although in one sense it becomes harder for the parties to see their way through, it's more important that the israeli-palestinian issue is put in a place where there's hope and progress. because it could, especially with the other changes in the region, get mixed up in
them. >> ahead on "starting point" not a good sign when your big negotiator for the fiscal cliff literally gets laughed at. what's the next move for the obama administration? we're going to talk to harvard economics progresser ken rogoff. >> we know the identity of at least one of the two big powerball jackpot winners. we'll take you to mark hill's hometown dearborn missouri coming up. bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. no, no, no, stop! humans -- one day, we're coming up with the theory of relativity, the next... stop, stop, stop! my car! not so much. but that's okay. you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car, and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility -- what's your policy? a hybrid? most are just no fun to drive. now, here's one that wil
over the fiscal cliff full tilt, either way, you will have a recession and president obama's second term starts on a very negative note for the american economy. >> you put your finger on the problem. the point of having these fiscal cliff negotiations is to avoid what could lead to a recession, to avoid a calamity. the proposal your putting forward leaves you with an even worse position than you are now, what is the purpose of this? stuart: stay there for a second. i want to get the company's opinion on the raising of the debt ceiling. it is and abolition of the debt ceiling so the president and borrow whatever he wants without congressional authority. >> extraordinary power grab like we haven't seen in a long time. washington d.c. has been in bubble bland. we are in a government bubble. washington d.c. is disconnected from the reality of real-estate going up but the issue is washington d.c. things we are on the dot dog, or housing bubble from the bubbles stretching back to the 90s. we are no longer there. stuart: i am frightened by no debt ceiling and a person has the authority, w
way and they seem to be rallying around the speaker and his negotiations at this point. there's no budging on either side. >> they said there was a lot of support there. president obama said i'm sticking to my guns also. the president is warning the republicans next move will be to use the upcoming vote on the debt ceiling as leverage in the budget battle. let's listen. >> if congress in any way suggests that they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history until we did it last year, i will not play that game. >> i will not play that game. >> yes. >> is that something republicans are considering, and if so, i guess how would the white house respond? although i guess we're seeing a little bit of it there. >> i think you clearly see how the president would respond. this is where the question of leverage comes in to play. he came out of the election, he says that he ran on this issue of raising tax rates on wealthy. he believes he is very much
-called fiscal cliff and president obama making his case to raise taxes on the rich while john boehner, the speaker of the house opens negotiating. >> it's not acceptable to me and i don't think it's acceptable to you, for a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want the tax rates on upper income folks to go up. all right? that, that doesn't make sense. >> increasing tax rates draws money away from our economy that needs to be invested in our economy that needs to put the american people back to work. it's the wrong approach. and we're willing to put revenues on the table, but revenues that come from closing loopholes, getting rid of special interest deductions and not raising rates. >> clayton: so with all of that, the white house saying they're unwilling to compromise on tax likes for the wealthy, where do we go from here. >> juliet: let's ask dana perino, currently on "the five" fox news channel. >> how are you. >> a great so-so far, lots of calories on that table out there. >> dave: speaking of ugly, how was the offer fro
of palestine and practically ends the peace process and any opportunity to talk about negotiations in the future. let's bring in fred plankin who joins us from east jerusalem. this has been a red line for years. you talked about presidents from obama to george w. bush, bill clinton, all objecting to settlement on that spot and getting his assurances from israel that it wouldn't be built on, so why now? tough talking? election coming up? what happened in the u.n.? what's the feeling there? >> well, certainly the israelis have made no secret of the fact that this is a direct punitive measure for what happened at the u.n. last thursday where, of course, the palestinians managed get an upgraded status there in the u.n. general assembly going to nonmember observer state. of course, the word state there is the operative one for the palestinians. the palestinians now say they do, in fact, have a state which is a taertory that is defined as the west bank, gaza, and east jerusalem. so, therefore, the palestinians are saying that this obviously would make the implementation of this state all
. the white house, zoraida, after really not being happy with the pace of negotiations a week before last, sent treasury secretary tim geithner to the hill to talk to house republicans and lay out what really has been public, what president obama wants, or at least his opening offer for deficit reduction, about $1.6 trillion in new taxes and significantly less in spending cuts. in entitlement reform, and now you have the white house really sensing that they have some leverage here, saying to house republicans, you know what? you go ahead and you put the meat on the bones when it comes to this really politically precarious part of entitlement which is often construed as cutting entitlements like medicare. here's what tim geithner said. >> we laid out a program of how we do it in what stages with $600 million of spending cuts in ten years over entitlement programs. the thing now is for them to come to us and say here's what we think makes sense. we've told them hat we think makes sense. they have to come tell us. >> so he's drawing a line there in the sand. we also heard over the weekend fr
Search Results 0 to 42 of about 43 (some duplicates have been removed)